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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: ralfph who wrote (71718)	1/16/2007 8:42:03 PM
From: LoneClone	Read Replies (2) \| Respond to of 312716

What do I like about ADM? To put it succinctly, they have experienced management with a proven track record, they are operating in mining-friendly Chile, and they already have 2.6M oz at Volcan with lots of potential upside. I also appreciated Kaip's comment that the stock is being accumulated by savvy institutional investors rather than the public (though he fails to mention occasional exceptions like rubbersoul, CD, and me) I think ADM will be eventually be taken out at a minimum of a double of current prices. If the upcoming drilling programme to which Kaip refers does pan out, look for price appreciation sooner rather than later. LC